Retail Franchise opportunities to start in Leicester
Investing in a franchise in Leicester
Discover the franchise options waiting for you in Leicester, situated in the East Midlands. On this page you'll find a selection of brands recruiting franchisees in the Leicester area. Franchising gives you the opportunity to operate your own business, complete with training and marketing assistance. If you already know which line of work you'd like to pursue, look into our franchise opportunities in that sector. If not, have a look and see what other options catch your eye. We have brands to suit many different interests and career objectives.
According to recent census data, there are 355,000 people in Leicester. When broken down by age group, the 20-39 age range is the most prevalent in the population. The local labour force consists of 177,000 people, or 74.8% of the total population. With an unemployment rate of 5%, recent data shows that employment in this area is slightly higher than in the rest of the UK. Residents in the area earn £23,290 per year on average. This income is lower than the national average gross salary, which reaches £30,629.
The High Street Shops sector: An interesting opportunity for franchisees
If you're thinking about becoming a franchisee in the High Street Shops sector, check out our 19 franchise options currently available in the sector. Bear in mind that the Retail industry offers many investment opportunities in addition to those in the High Street Shops sector. Have a look through our three Toy Store franchise, two Cosmetic franchises, four Sweet Shop franchises, three Fashion franchises and four Tool franchises to find out if any suit your career goals and aspirations.
Read about these three brands to see what franchise options exist
If you'd like to run your own High Street Shops business, BoConcept might be a great option for you. In operation since 1993, the company now has 27 years of experience, making it a leader in the field. The brand's network is important, counting 250 outlets in the UK. A significant initial investment of £500,000 will enable you to start your own BoConcept business. In most cases, your personal investment should represent 30 to 50% of the total amount. BoConcept requires you to personally invest at least £100,000. You could potentially apply for a loan to cover the remaining costs. It is thus less appropriate for new investors.
Another option to consider is Mail Boxes Etc. With a significant network of 1,600 locations, the brand knows how to support its franchisees. Opening a Mail Boxes Etc. franchise will require you to invest a minimum of £60,000. At least £25,000 of this should come from your own personal investment. Given these low startup costs, this opportunity is suitable for both first-time investors and established franchisees.
Finally, Cash Generator could be another good option for you to invest in. Initially established in 1997, the company is now mature and a leader within the sector, having grown its franchise community for 23 years. The brand runs in 700 franchise locations which make up a strong business network. You will need an initial investment of £240,000 to start your own Cash Generator business. Your personal investment should account for at least £80,000 of the total amount. You may want to consider getting a loan to open a business in this sector. Due to the higher startup costs, this option is not recommended for first-time franchisees.
The High Street Shops sector currently has 19 new business investment opportunities. You will find a total of almost 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.